‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks

Snowbirds selling off winter homes might see steep returns. But they’ll lose out down the line if not cautious

Some experts caution that selling in haste may lose out on bigger gains in the near future or regret handing off a useful asset when political tensions ease

Weak loonie, ballooning insurance costs drive Canadian snowbirds to sell Florida homes

A former Albertan who sells real estate in Arizona vows, "I ain't going nowhere that's got hurricanes" as the costs of owning property in Florida add up.

Weak loonie has ‘panicking’ snowbirds looking to sell Florida, Arizona homes

Many snowbirds are scrambling to sell their homes in Florida and Arizona as a weak loonie and high insurance costs drive a Canadian exodus from the States.

Snowbirds rush to sell Florida homes as loonie tanks

Many snowbirds are scrambling to sell their homes in Florida as a weak loonie and high insurance costs drive a Canadian exodus from the sunshine state.

'People are panicking': Snowbirds rush to sell Florida homes as loonie tanks

MONTREAL — Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011.

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Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011. “Sunshine all the time. Don’t have to shovel snow. The beach, the sand …” the Ontarian said from her second home in Hallandale Beach, halfway between Miami and Fort Lauderdale. Last week, her retirement reverie came to an end as Cedrone and her husband signed the closing papers on their home sale. “Things changed so drastically. The Canadian dollar is not …